With territories around the world looking to replace the fossil-fueled cars on their roads with zero-emission electric vehicles (“EVs”), a ton of EV startups have thrown their hat into the ring. German automotive brand Mercedez-Benz is the latest company to announce plans to jump into the deep end of the burgeoning electric vehicle space.
Tesla has been the most successful so far, but legacy automakers such as Mercedes, Ford, Volkswagen and Volvo, which have decades of experience, have been giving the California-based EV pioneer a run for its money. As part of its years long plan to become an all-electric carmaker by the end of the decade, Mercedez-Benz has unveiled a variety of incoming electric vehicles to the public. The company has already started producing electric vehicles, with the sleek, new, all-electric Mercedez Benz EQS, which was revealed early this year, being its very first luxury executive class EV. The sleek flagship EV was meant to be the electric counterpart…
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